Posts Tagged ‘financial protection’
Why PM Insurance Services Encourages Cyber Insurance for Businesses of All Sizes
Why PM Insurance Services Encourages Cyber Insurance for Businesses of All Sizes The Allianz Life incident underscores a critical reality: no business is immune to cyber threats. At PM Insurance Services, we’re seeing firsthand the increasing sophistication and frequency of cyberattacks targeting companies, from small local shops to large enterprises. This is precisely…
Read MoreCoinbase Data Leak: $20M Ransom After Insider Breach
Hey everyone, crypto enthusiasts and security-minded folks! Let’s dive into some breaking news coming out of the crypto world. Major exchange Coinbase has just revealed a significant security incident where they say some bad actors managed to get their hands on user data. Here’s the scoop: Coinbase reported that bribed workers, specifically some offshore support…
Read MoreHealthcare Cyber Insurance
Healthcare Cyber Insurance: Lessons from the DaVita Ransomware Attack Impact The recent ransomware healthcare attack on DaVita, a leading provider of kidney dialysis services, has sent shockwaves through the healthcare industry. This incident underscores the critical need for robust healthcare cyber insurance and proactive cybersecurity measures to protect sensitive patient data from ransomware. PM…
Read MoreRansomware Attacks Are Rising
Ransomware continues to be a major threat to businesses of all sizes. Recent reports from cyber insurance providers show a surge in cybercriminal activity—and experts are urging companies to ramp up their defenses. These attacks usually start when a cybercriminal—often referred to as a “threat actor”—breaks into a company’s system, encrypts or steals…
Read MoreWhy Life Insurance is a Must-Have for Financial Security
Why Life Insurance is a Must-Have for Financial Security Let’s be real—life insurance isn’t the most exciting topic, but it’s one of the most important financial decisions you can make. If you have loved ones who depend on you, life insurance is a key part of making sure they’re taken care of no matter…
Read MoreRising Break-Ins in Los Angeles: How Small Businesses Can Protect Themselves
Rising Break-Ins in Los Angeles: How Small Businesses Can Protect Themselves Los Angeles has recently seen a troubling surge in break-ins targeting small businesses, leaving owners facing significant financial burdens and security concerns. From West Hollywood to South Los Angeles, these incidents have become increasingly frequent, underscoring the need for better security, awareness, and…
Read MoreAging Rock Stars Touring Without Insurance
Aging Rock Stars Touring Without Insurance as Costs Soar As legendary rock stars continue to tour well into their later years, many are opting to forgo insurance due to skyrocketing costs. According to The Telegraph, the price of insuring against concert cancellations due to health issues rises significantly with age, making it an unaffordable…
Read MoreCalifornia Lawmakers Push for Better Oversight of FAIR Plan Amid Growing Wildfire Risks
California Lawmakers Push for Better Oversight of FAIR Plan Amid Growing Wildfire Risks California legislators are taking steps to strengthen oversight of the state’s insurer of last resort, the California FAIR Plan Association. With wildfires becoming a growing threat, new legislation aims to enhance transparency and financial stability for property insurance coverage. Assembly member Lisa…
Read MoreLA Wildfires: Key Updates and Impacts
LA Wildfires: Key Updates and Impacts As firefighters gain control of the devastating wildfires in Los Angeles, the scale of destruction and economic impact is becoming clearer. These fires have destroyed 10,000 homes, forced nearly 200,000 evacuations, and are among the most destructive in U.S. history. Total Losses – AccuWeather estimates total economic damage…
Read MoreTips for Choosing Business Insurance
Tips for Choosing Business Insurance Running a business is rewarding, but it comes with risks. Business insurance is essential for protecting you against costly setbacks. Here’s a quick guide to help you choose the right insurance and keep your business secure. 1. Identify Your Business Risks Every business faces unique risks. Start by considering potential…
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